TORONTO, July 30, 2014 /CNW/ - The National Steering Committee on Financial Literacy announced today by federal Minister of State (Finance), Kevin Sorensen, marks another important step in expanding the financial education and literacy agenda in Canada.

"We appreciate Minister Sorensen's leadership in bringing together a broad and seasoned range of perspectives to improve financial education and literacy in Canada", said Linda MacKay, Senior Vice President - Retail Savings and Investing, TD Bank Group.  "The Steering Committee brings together experience from the public and private sectors that can provide thought leadership and advice about programs that work, and areas where there is more to be done."

TD has long been an advocate of greater financial literacy, helping to fund groups such as Junior Achievement and the "Money Matters" program run by ABC Life Literacy, both of which offer TD employees the opportunity to get personally involved in financial literacy.   TD has also partnered with Prosper Canada (formerly Social and Enterprise Development Innovations, SEDI) to create the Canadian Centre for Financial Literacy, as well as funding the TD Financial Literacy Grant Fund, which provided funding for community-based groups to deliver financial literacy programs across Canada.

"The National Steering Committee announced today will ensure that there continues to be an effective and collaborative approach as the public and private sectors continue to expand this important work", said MacKay.

SOURCE TD Bank Group